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Russia Agrees to Terms With Ukraine Over Gas Supply
Full Story | 31st October 2014Russia agreed to terms for restoring natural-gas exports to Ukraine, laying the groundwork to prevent residents going without heat as temperatures drop.The gas negotiations, brokered by the European Union, came as pro-Russian rebels stepped up .
Monthly Archives: October 2014
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Microsoft Unveils Fitness Band, App in Crowded Wearables
Full Story | 30th October 2014Microsoft Corp. (MSFT) unveiled an activity-tracking wristband and related Internet-based service that can track and analyze health, fitness and sleep data, jumping into the crowded wearable-computer market.The $199 Microsoft Band, on sale today, works with .
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PTL Holdings p.l.c. to issue new bonds
Full Story | 29th October 2014Premier Capital p.l.c. has been informed by its ultimate shareholder, Hili Ventures Limited, that PTL Holdings p.l.c., a member of the Hili Ventures Group and sister company of Premier Capital p.l.c., has submitted an application .
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UBS Profit Misses Estimates on Litigation Provision
Full Story | 28th October 2014UBS AG, Switzerland’s biggest bank, rose in Zurich trading after the bank set aside 1.84 billion Swiss francs ($1.94 billion) for litigation provisions, easing investor concern about the future cost of legal challenges.A net tax .
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ECB List of Failing Banks Shrinks If You Read Small Print
Full Story | 27th October 2014Most of the lenders that failed the European Central Bank’s balance-sheet test have been let off for good behavior.Only eight banks haven’t already plugged capital gaps or satisfied the ECB with plans to shrink, out .
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Panic Defused in Stocks With Sharpest VIX Drop Since 2009
Full Story | 23rd October 2014The panic has subsided.Four consecutive advances in the Standard & Poor’s 500 Index (SPX) have pushed the gauge up 4.2 percent since Oct. 15, recouping half the losses from a selloff that began in mid-September. .
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Heineken Revenue Misses Analyst Estimates as Europe Wanes
Full Story | 22nd October 2014Heineken NV (HEIA), the Dutch brewer that spurned an overture from SABMiller Plc (SAB) last month, reported third-quarter sales growth that missed estimates, extending the run of European companies hurt by sustained softness across the .
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Apple Projects Another IPhone-Fueled Record for Holidays
Full Story | 21st October 2014Tim Cook is getting the end-of-year shopping season down to a science.Apple Inc. (AAPL)’s chief executive officer yesterday forecast a record holiday sales quarter, fueled by new bigger-screen iPhones, refreshed and slimmer iPads and the .
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SAP Cuts Forecast as Cloud Shift Weighs on Profit
Full Story | 20th October 2014SAP SE cut its full-year earnings forecast as software customers move to applications delivered through the Internet, a trend that’s brought sweeping changes in the technology industry.The world’s largest maker of business-management software said today .
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Google Profit Misses Estimates on Slower Growth
Full Story | 17th October 2014Google Inc. (GOOGL) missed profit and revenue estimates for the third quarter as the search provider stepped up spending to reignite slowing advertising sales.Profit, excluding some items, was $6.35 a share, the company said in .